Jefferies Financial Group Inc. Invests $544,000 in Zscaler, Inc. $ZS

Posted by Geri Gentry on Sep 1st, 2026

Jefferies Financial Group Inc. bought a new stake in Zscaler, Inc. (NASDAQ:ZS – Free Report) in the 2nd quarter, Holdings Channel reports. The fund bought 3,854 shares of the company’s stock, valued at approximately $544,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZS. Kentucky Retirement Systems Insurance Trust Fund boosted its position in Zscaler by 1.4% in the 3rd quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 2,569 shares of the company’s stock valued at $770,000 after buying an additional 36 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Zscaler by 10.9% during the third quarter. Parallel Advisors LLC now owns 397 shares of the company’s stock worth $119,000 after acquiring an additional 39 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Zscaler by 7.5% in the second quarter. Smartleaf Asset Management LLC now owns 648 shares of the company’s stock worth $204,000 after acquiring an additional 45 shares in the last quarter. Larson Financial Group LLC lifted its stake in shares of Zscaler by 2.6% in the third quarter. Larson Financial Group LLC now owns 2,040 shares of the company’s stock worth $611,000 after acquiring an additional 52 shares in the last quarter. Finally, Crossmark Global Holdings Inc. boosted its holdings in Zscaler by 6.1% in the third quarter. Crossmark Global Holdings Inc. now owns 976 shares of the company’s stock valued at $292,000 after purchasing an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 46.45% of the company’s stock.

Zscaler Trading Up 2.3%

NASDAQ:ZS opened at $188.38 on Tuesday. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.72. The business’s 50 day moving average is $157.48 and its two-hundred day moving average is $150.33. Zscaler, Inc. has a 52 week low of $114.63 and a 52 week high of $336.99. The company has a market cap of $30.46 billion, a PE ratio of -392.45, a P/E/G ratio of 108.43 and a beta of 0.94.

Insider Transactions at Zscaler

In other Zscaler news, insider Adam Geller sold 2,817 shares of Zscaler stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $122.60, for a total value of $345,364.20. Following the completion of the transaction, the insider owned 42,314 shares of the company’s stock, valued at $5,187,696.40. The trade was a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin Rubin sold 503 shares of Zscaler stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $173.38, for a total transaction of $87,210.14. Following the completion of the transaction, the chief financial officer directly owned 40,895 shares of the company’s stock, valued at approximately $7,090,375.10. This represents a 1.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 16,772 shares of company stock valued at $2,139,799 over the last 90 days. Insiders own 17.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Royal Bank Of Canada restated an “outperform” rating and set a $200.00 price objective on shares of Zscaler in a report on Wednesday, June 10th. Wedbush reiterated an “outperform” rating and set a $220.00 target price on shares of Zscaler in a research note on Wednesday, June 10th. TD Cowen raised their price target on shares of Zscaler from $180.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Piper Sandler dropped their price target on shares of Zscaler from $185.00 to $160.00 and set a “neutral” rating for the company in a research note on Wednesday, May 27th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $200.00 price target on shares of Zscaler in a report on Wednesday, June 10th. Thirty-four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $216.18.

Get Our Latest Analysis on Zscaler

About Zscaler

(Free Report)

Zscaler is a cloud security company that delivers a cloud-native platform to protect users, applications and data as organizations move away from traditional, network-centric security architectures. The company focuses on a zero trust approach that assumes no implicit trust for users or devices, providing secure access to the internet, SaaS applications and private applications regardless of where users are located. Zscaler positions its services as an alternative to legacy appliances and site-centric VPNs, aiming to simplify security while enabling modern, distributed workforces.

Key offerings are built around the Zscaler Zero Trust Exchange, a multi-tenant cloud platform that enforces security and access policies in-line.